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Jupiter Team Addresses Community Feedback on Airdrop Allocations
In a recent tweet, Mei, the lead for Jupiter’s airdrop, addressed the concerns and challenges surrounding 2024’s airdrop. The team member acknowledged the complexities of the current distribution, citing a larger user base, increased transactions, and a more complex macro environment compared to last year.
Firstly, many users requested additional allocation tiers for swap users. However, the team explained that implementing these suggestions could exceed the budget and negatively impact per-wallet allocations. To balance inclusivity with fairness while staying aligned with Jupiter’s January goal of growing the user base, the team aims to make adjustments accordingly.
Community members expressed worries about fraudulent activities in the lower tiers. In response, Mei assured aggressive filtering measures are being taken to ensure genuine participation. The team is working on minimizing false positives and plans to improve customer support to address any concerns.
Additionally, expert traders sought more transparency in criteria and a higher allocation share. The Jupiter team clarified their methodology, which normalizes usage across trading products. They also highlighted that expert traders are already allocated 20% of the user pool, with the possibility of increasing this allocation further.
Furthermore, stakers requested a reduction in the “super voter” threshold or proportional allocation based on votes cast. The team reiterated that the “super voter” bonus reflects Jupiter’s ethos and hinted at potential adjustments to criteria. While allocations will remain on a per-wallet basis due to logistical constraints, the team is exploring ways to increase transparency.
The Jupiter team acknowledged the challenges of pleasing a diverse community while managing real-world constraints. Despite these difficulties, they remain committed to filtering feedback and refining the process to ensure a thoughtful and meaningful airdrop. To wrap up feedback discussions, the team will host a Twitter Space on Monday with the Community Working Group (CWG).
Lastly, Jupiter is currently trading at $0.8144 after a dip of 2.06% in the past day. The market cap is also down by 1.75%, resting at $1.1 Billion.
Source: http://www.cryptonewsz.com
